What is a fair price for this diamond?

Saturday, November 13th, 2010 | Weddings

Tom P asked:


Hi everyone,

I’m planning on upgrading the diamond on my wife’s engagement ring. I’ve been offered this diamond from the jeweler I bought the original ring from:

1.01 ct
G color
SI2 clarity
Round Brilliant
EGL Certificate

Does $5650 seem like a reasonable price for this stone?

Thanks!

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10 Comments to What is a fair price for this diamond?

His mommy
November 13, 2010

Sounds about right to me. The average price for a decent quality per carat is $6000. I’m no expert, but I did my homework when I was looking at diamonds and I think for that price you might be able to get better clarity (VS 1 or 2)

The best thing to do is check around with other jewelers - they may be able to get you a better price. Unless you definitely want to stay with yours :)

xoxo
November 14, 2010

we paid 2500 for my
1.01 ct
k color (looks a lot better than sounds)
si1
cushion cut
brilliant
egl…..

depends on where you’re getting it…wholesale vs. retail. never pay retail, esp when places like bluenile.com are available. we got ours from a direct diamond wholesaler…

edit: just checked on bluenile, your diamond should be between 4-5400

? Mad Luv ?
November 17, 2010

yep! looks about right!

YssiK
November 17, 2010

It is a fair price, but as a suggestion you better buy it quickly diamond prices are going up up up. Good Luck with the purchase.

JM
November 18, 2010

Sounds reasonable to me.

Before you upgrade her diamond, make sure she wants you to do that. Some women want the original ring, no matter how small for sentimental reasons.

Wedding Planner and B2B!
November 21, 2010

Sounds about right to me! You Can always get it appraised to get an accurate price and you would have the paperwork for the buyer.

ceria902
November 23, 2010

that’s a reasonable price but look around some more.

brwneyes
November 26, 2010

It sounds about right. Check out for pricing.

Blue Nile says prices are $3860 up to over $6000 depending on the cut of the stone from fair to signature ideal. It depends on the dimensions of your stone.

Edit: Make sure it says U.S. EGL laboratory. From my readings, that lab is reputable and they grade clarity higher than the other two.

Freckles Like Woah
November 27, 2010

Are you joking? The only reason I’d even consider paying that much is for the quality of colour. If thats what you want, youre better off going to the mall for it.

?
November 28, 2010

EGL is not that great of a cert,not as good as GIA IGI AGS etc.
Its ok but if you take the diamond to be graded by any of the above mentioned labs it will have a lower grade.

The right price for this diamond is 3000$ IF it had a very good cut to excellent cut and lower down to 2500$ if it had a poor cut.

A similar quality diamond by GIA will be in the 4300$-4800$ if it had a VG cut-EX cut.

My advice to you is not buy that diamond.Go online from any of these stores
They are known & trustworthy stores that sell certified diamonds with really good policies including a lifetime upgrade policy so if you decide that you want to get an even bigger diamond later they will deduct the full price if your old diamond (only James has this policy) as well as many policies including 30 days return policy.You can read more about them.

Hope this helps :)

Engagement rings need not always contain diamonds. Popular trends include using gemstones as sidestones as well as other precious stones.

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